Question 36 Chapter 5 of +2-B
Table of Contents
Cash Flow From investing Activities
36. (Cash Flow from Investing Activities/Sale of Plant at Profit) A company had the following balances :
| ₹ | |
| Plant Opening | 5,00,000 |
| Plant Closing | 7,00,000 |
During the year 30% of the plant was sold at 30% profit on cost.
Calculate cash flow from investing activities.
The solution of Question 36 Chapter 5 of +2-B: –
Cash Flow from investing activities |
||
| Particulars |
Rs |
|
| Inflow from Sale of Plant | 1,95,000 | |
| Less: Outflow from the purchase of Plant* | (3,50,000) | |
| Cash Flow from Operating activities | (1,55,000) | |
Working Note
Plant Account |
|||
| Particulars |
Amount ₹ |
Particulars |
Amount ₹ |
| To Balance b/d | 5,00,000 | By Bank A/c -Sale |
1,95,000 |
| To Statement of Profit and Loss -Profit on Sale |
45,000 | (3,50,000) | |
| To Bank –Purchase (Bal. fig.) | 3,50,000 |
By Balance c/d | 7,00,000 |
| 8,95,000 |
8,95,000 |
||
Also, Check out the solved question of previous Chapters: –
Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
